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Community Development Lending & Investment Partner

Regions Bank

Regions Bank

Marketing & Communications, Customer Service
Bessemer, AL, USA
Posted on Tuesday, March 12, 2024

Thank you for your interest in a career at Regions. At Regions, we believe associates deserve more than just a job. We believe in offering performance-driven individuals a place where they can build a career --- a place to expect more opportunities. If you are focused on results, dedicated to quality, strength and integrity, and possess the drive to succeed, then we are your employer of choice.

Regions is dedicated to taking appropriate steps to safeguard and protect private and personally identifiable information you submit. The information that you submit will be collected and reviewed by associates, consultants, and vendors of Regions in order to evaluate your qualifications and experience for job opportunities and will not be used for marketing purposes, sold, or shared outside of Regions unless required by law. Such information will be stored in accordance with regulatory requirements and in conjunction with Regions’ Retention Schedule for a minimum of three years. You may review, modify, or update your information by visiting and logging into the careers section of the system.

Job Description:

At Regions, the Community Development Lending & Investment Partner is responsible for the identification and origination of loans and investments in partnership with the Commercial Bank and the Regions Community Development Corporation (RCDC). These include investments and loans with and directed to Community Development Financial Institutions (CDFIs), affordable housing developers, and high impact economic development transactions in the Regions footprint.

Primary Responsibilities

  • Develops and implements strategies that support community development lending and investment goals for assigned markets
  • Delivers knowledgeable advice and solutions, institutionalizes client relationships, and optimizes revenue opportunities
  • Collaborates with relevant business partners in team-based delivery
  • Establishes and maintains strong relationships with community organizations, non-profits, government agencies and other centers of influence
  • Supports transaction processes from initial engagement through final close, including structure, pricing, internal approval/compliance processes, and documentation
  • Partners with RCDC as appropriate to facilitate loans and investments that do not fit within the Corporate Bank’s policies
  • Identifies partnership opportunities that enhance community development initiatives
  • Stays abreast of industry trends and changes in regulatory landscape

This position is exempt from timekeeping requirements under the Fair Labor Standards Act and is not eligible for overtime pay.

This position is incentive eligible.

Requirements

  • Bachelor’s degree in related field
  • Five (5) years of experience in banking, community development finance, real estate development, or related field
  • Must be willing to travel as needed

Skills and Competencies

  • Ability to maintain a positive reputation and network of industry contacts
  • Demonstrated ability to build, manage, and strengthen internal and external relationships
  • Knowledge of community development programs and products
  • Proficiency in Microsoft Office (Excel, Word, PowerPoint, Outlook, etc.)
  • Strong collaboration skills and ability to work in a cooperative and diverse environment
  • Strong financial acumen
  • Strong verbal, written communication, and organizational skills
  • Strong work ethic and self-motivation

This position is part of the overall Community Affairs team at Regions that works to implement the bank’s community engagement strategy based on fostering inclusive prosperity in the communities we serve.

This position may be filled at a higher level depending on the candidate’s qualifications and relevant experience.

Position Type

Full time

Compensation Details

Pay ranges are job specific and are provided as a point-of-market reference for compensation decisions. Other factors which directly impact pay for individual associates include: experience, skills, knowledge, contribution, job location and, most importantly, performance in the job role. As these factors vary by individuals, pay will also vary among individual associates within the same job.

The target information listed below is based on the Metropolitan Statistical Area Market Range for where the position is located and level of the position.

Job Range Target:

Minimum:

$105,027.20 USD

Median:

$130,060.00 USD

Incentive Pay Plans:

This role is eligible to participate in the annual discretionary incentive plan. Employees are eligible to receive a discretionary award based on individual, business, and/or company performance.Opportunity to participate in the Long Term Incentive Plan.

Benefits Information

Regions offers a benefits package that is flexible, comprehensive and recognizes that "one size does not fit all" for benefits-eligible associates. Listed below is a synopsis of the benefits offered by Regions for informational purposes, which is not intended to be a complete summary of plan terms and conditions.

  • Paid Vacation/Sick Time
  • 401K with Company Match
  • Medical, Dental and Vision Benefits
  • Disability Benefits
  • Health Savings Account
  • Flexible Spending Account
  • Life Insurance
  • Parental Leave
  • Employee Assistance Program
  • Associate Volunteer Program

Please note, benefits and plans may be changed, amended, or terminated with respect to all or any class of associate at any time. To learn more about Regions’ benefits, please click or copy the link below to your browser.


https://www.regions.com/welcometour/benefits.rf

Location Details

Perimeter Hill

Location:

Nashville, Tennessee

Bring Your Whole Self to Work

We have a passion for creating an inclusive environment that promotes and values diversity of race, color, national origin, religion, age, sexual orientation, gender identity, disability, veteran status, genetic information, sex, pregnancy, and many other primary and secondary dimensions that make each of us unique as individuals and provide valuable perspective that makes us a better company and employer. More importantly, we recognize that creating a workplace where everyone, regardless of background, can do their best work is the right thing to do.

OFCCP Disclosure: Equal Opportunity Employer/Disabled/Veterans

Job applications at Regions are accepted electronically through our career site for a minimum of five business days from the date of posting. Job postings for higher-volume positions may remain active for longer than the minimum period due to business need and may be closed at any time thereafter at the discretion of the company.